Q: TVK has recently shown some weakness and hasn't made any recent acquisitions - this is probably due to the large ones made already recently and the need to incorporate those although maybe it's something else.
I am surprised that with the recent share program @ $160/share and being over subscribed that it would have given more of a floor to the stock so is the weakness a good opportunity to buy shares and if so, what is a good price to start or add?
Btw, does the company give indication on the size of its M&A pipeline?
Thanks as always!
I am surprised that with the recent share program @ $160/share and being over subscribed that it would have given more of a floor to the stock so is the weakness a good opportunity to buy shares and if so, what is a good price to start or add?
Btw, does the company give indication on the size of its M&A pipeline?
Thanks as always!
5i Research Answer:
TVK has not indicated the size of its pipeline recently. Shares are still up 23% this year, but...